Peerless Mutual Fund has changed the fund manager of the following schemes, with effect from April 30, 2015:
| Scheme Name | Existing Fund Managers | Revised Fund Managers |
| Peerless Liquid Fund | Ramesh Rachuri | Vikram Pamnani |
| Peerless Ultra Short Term Fund | ||
| Peerless Flexible Income Fund | ||
| Peerless Short Term Fund | ||
| Peerless Income Plus Fund | Amit Nigam Ramesh Rachuri | Vikram Pamnani Amit Nigam |
| Peerless MF Child Plan |
The fund house has converted the following Super Institutional plans into Regular Plans, with effect from May 04, 2015:
Peerless Liquid Fund-Daily Dividend, Peerless Liquid Fund-Growth, Peerless Liquid Fund-Monthly Dividend, Peerless Liquid Fund-Weekly Dividend, Peerless Ultra Short Term Fund-Daily Dividend, Peerless Ultra Short Term Fund-Growth, Peerless Ultra Short Term Fund-Monthly Dividend and Peerless Ultra Short Term Fund- Weekly Dividend.
The fund house has also announced dividend under the following schemes:
| Scheme | Dividend (₹/unit) |
| Peerless Short Term Direct-DQ | 0.1588 |
| Peerless Short Term-DQ | 0.1516 |
| Peerless Income Plus Direct-DQ | 0.1877 |
| Peerless Income Plus-DQ | 0.1805 |
The record date has been fixed as May 04, 2015.